Alphabet Q2 2026: Cloud Revenue Up 82%, Gemini Hits 950 Million Users
Alphabet reported Google Cloud revenue up 82% year-over-year and announced Gemini now has 950 million monthly active users. The results demonstrate that AI is driving massive growth across Google's product portfolio.
Google's AI Spending Projections Surge to $205 Billion, Rattling Wall Street
Alphabet revealed AI infrastructure spending projections reaching $205 billion, significantly exceeding analyst expectations. The massive expenditure sent Google shares down 6% as investors questioned the return on investment timeline.
Google Delays Gemini 3.5 Pro Launch to Bolster Programming Capabilities
Google postponed Gemini 3.5 Pro after internal tests fell short of goals in code generation, as OpenAI and Anthropic accelerate — Alphabet shares dipped nearly 3%.
Fresh off Bond Sale, Amazon Borrows $17.5B from Banks as AI Spending Continues
Amazon signed a $17.5 billion delayed-draw term loan led by Citigroup, just two days after a $14 billion Canadian bond sale brought new financing to $31.5B in 48 hours.